VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.028%

Price spread now: MEXC against KuCoin+0.154%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$397as in the Funding arb table

Net, price: spread back to 7d avg − costs−$349as in the Price arb table

costs, in and out, $10k−$3703.697% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.269%−$27 on $10k

Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.154%, 7d avg −0.054%

Together, before fees−0.411%−$41 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.208% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.269%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VELVETUSDTM	0.05837	0.0100	pay 0.0050% / 4h	12m 55s	$925K	$527K	10x
Short	MEXC VELVET_USDT	0.05846	0.0154	get 0.0077% / 4h	12m 55s	$2.0M	$402K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now +0.154%Rate

Funding earned: $11.34
Price spread: +0.154% → −0.054%: $20.78
Slippage, 4 orders: −$357.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$337.58
Costs to cover: 3.697%
Break-even: 215.4 days

Slippage from KuCoin: live order book, 17 min ago; MEXC: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 17 min ago	11.19 bp	50.7 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.86 bp	17.3 bp −$17	68.6 bp −$686	149.0 bp −$14.9K	doesn't fit

VELVET on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VELVETUSDT	+0.0100%	4h	0.05841	+0.063%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05842	+0.086%	$700K	$913K	10x	as long as short
KuCoin VELVETUSDTMlong	+0.0100%	4h	0.05837	long leg	$925K	$527K	10x
Bitget VELVETUSDT	+0.0100%	4h	0.05855	+0.308%	$1.1M	$656K	10x	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05834	−0.052%	$35K	$51K	—	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05827	−0.171%	$12K	$24K	20x	as long as short
Bybit VELVETUSDT	+0.0115%	4h	0.05848	+0.188%	$1.6M	$1.4M	5x	as long as short
BingX VELVET-USDT	+0.0126%	4h	0.05848	+0.188%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0128%	4h	0.05834	−0.045%	$2K	$205K	10x	as long as short
MEXC VELVET_USDTshort	+0.0154%	4h	0.05846	+0.154%	$2.0M	$402K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VELVETUSDT	+0.0167%	4h	0.05847	+0.171%	$4.3M	$5.4M	10x	as long as short
Extended VELVET-USD	+0.0168%	1h	0.05846	+0.160%	$4K	$158K	5x	as long as short
BloFin VELVET-USDT	+0.0407%	4h	0.05854	+0.291%	$260K	$130K	50x	as long as short